1187: Stocks -- Part II: The Market Always Goes Up by JL Collins on Investment Advice During Tough Times

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🗓️ 9 June 2020

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

JL Collins shares why the market always goes up. Episode 1187: Stocks -- Part II: The Market Always Goes Up by JL Collins on Investment Advice During Tough Times Mr. Collins is a senior executive with extensive P&L experience and a proven track record of growing revenue and profitability, integrating acquisitions, launching new products, developing and implementing business plans, creating powerful marketing strategies, building strong customer relationships and building effective teams. He is experienced in a broad range of markets including technology, automotive, investments, design engineering, electronics manufacturing, construction, horticulture and energy. Mr. Collins is also an accomplished consultant, author and speaker. He is retired, but continues to write on his blog. The original posts are located here: https://jlcollinsnh.com/2012/04/19/stocks-part-ii-the-market-always-goes-up/ Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is optimal finance daily episode 1187 stocks part two the market always goes up by
0:07.6	J.L Collins n.com and i am Dan I'm here every single day reading to you from the best personal finance
0:16.4	blogs on the web. And if you enjoy this format, this idea of reading blog
0:21.0	posts to you for free.
0:22.6	It would be fantastic if you could share this podcast with somebody today.
0:26.1	You can do that by emailing or texting them a link to old podcast.com
0:30.9	slash listen, or even better if you're able to subscribe them to the
0:34.6	podcast right there on their smartphone it's a really big help to keep this show
0:38.4	going so thanks so much in advance for that it really means a lot to us and
0:42.4	I'll keep this intro nice and
0:44.3	short for you today so for now let's hear today's post and start optimizing
0:48.2	your life.
0:51.2	Stocks Part 2, the market always goes up by J.L. Collins of J.L.N.
0:59.5	N.com.
1:02.0	On what was later to be called Black Monday in 1987 at the end of a very busy day, I called
1:07.0	my broker.
1:08.0	Remember now, this was when we had brokers and before cell phones, personal computers, the internet and online trading.
1:14.0	Hi Bob, I said cheerfully, how's it going?
1:17.0	There was a long silent pause.
1:19.0	You're kidding, he said, right?
1:22.0	He sounded dreadful. Kidding about what? You're kidding, he said, right?
1:22.5	He sounded dreadful.
	...

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